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Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115
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Corporate Governance

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ATIB showed institutional resilience in 2023 despite suspension of board of directors: Suspended chairman Naaman Elbouri
Dec 31 Sami Zaptia

ATIB showed institutional resilience in 2023 despite suspension of board of directors: Suspended chairman Naaman Elbouri

In an end of year goodwill message to shareholders, the Temporary Committee, management and staff, the suspended chairman of Assaray Trade and Investm...

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LIA announces completion of consolidated financial accounts
Dec 23 Sami Zaptia

LIA announces completion of consolidated financial accounts

The Libyan Investment Authority (LIA) announced last Thursday that it had successfully prepared its consolidated financial statements that include all...

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AmCham Libya calls for more effort to improve business environment for SMEs in Libya
Dec 21 Sami Zaptia

AmCham Libya calls for more effort to improve business environment for SMEs in Libya

Speaking on the third and final day of the Business Technology Banking Forum held in Tripoli from 18-20 December in the second discussion session enti...

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Former Libyan Foreign Investment Company GM and Directors detained pending case for negligence over US $ 90 million in Egypt
Nov 3 Sami Zaptia

Former Libyan Foreign Investment Company GM and Directors detained pending case for negligence over US $ 90 million in Egypt

The Attorney General’s Office announced on Tuesday that it has detained, pending the trial, the former General Manager and Directors of the general sh...

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New PIB General Manager Abdel Nasser Al-Najah takes up has role
Jun 17 Sami Zaptia

New PIB General Manager Abdel Nasser Al-Najah takes up has role

The new General Manager of the Privatisation and Investment Board (PIB), Abdel Nasser Al-Najah, assumed his new role last Thursday from PIB chairman A...

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LBC AGM elects new board – Rashid Swani remains chairman
Jun 15 Sami Zaptia

LBC AGM elects new board – Rashid Swani remains chairman

After holding its first AGM for the best part of a decade, the Libyan Business Council (LBC) today elected a new board of directors.The elections led...

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CBL temporarily suspends chairman and directors of ATIB
May 8 Sami Zaptia

CBL temporarily suspends chairman and directors of ATIB

Last Thursday, the Tripoli-based Central Bank of Libya temporarily suspended the chairman, Naaman Elbouri, and the directors of the privately-owned AT...

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NOC refutes African Intelligence report on prosecutor probes
Feb 25 Sami Zaptia

NOC refutes African Intelligence report on prosecutor probes

Libya’s state National Oil Corporation (NOC) refuted on Thursday claims made in an article by Africa Intelligence on 21 February, widely circulated on...

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Attorney General orders arrest of six Wahda Bank employees for fraud
Oct 22 Sami Zaptia

Attorney General orders arrest of six Wahda Bank employees for fraud

The Attorney General’s Office announced Friday it had ordered the detention for six days of Wahda bank employees at the Al-Ajeilat branch.The Attorney...

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Economy Minister Hwej reviews foreign participation in Libyan companies
Oct 12 Sami Zaptia

Economy Minister Hwej reviews foreign participation in Libyan companies

The Minister of Economy and Trade, Mohamed Hwej, reviewed the work of the committee (Resolution 207 of 2012) formed regarding foreigners' participatio...

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